YEARLY HIGH
896.9285 ARS
YEARLY LOW
188.0890 ARS
YEARLY AVERAGE
319.8015 ARS

2023 EUR to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 896.9285. Conversely, the yearly low was recorded on January 3, dropping to 188.0890.

This high-to-low spread represents a total annual volatility of 708.8395 ARS. From a start-to-finish perspective, comparing the January average rate of 196.4063 to the December average rate of 692.2170, the exchange rate registered a net change of 252.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 896.9285 was up 372.06% compared to the 2022 peak of 190.0048, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 EUR based on timing:

Yearly Peak High 4,484,642 ARS
2022 Average 684,999 ARS
Yearly Trough Low 940,445 ARS
Transaction Impact: A difference of 3,544,197.50 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

741.7980
146.8253
JanuMarcMayJulySeptNove

EUR to ARS Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 229.2250, compared to 410.3780 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 181.1530 points.

H1 Avg (Jan–Jun) 229.2250
H2 Avg (Jul–Dec) 410.3780

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 505.4819 ARS (High: 896.9285 / Low: 391.4465). On the other end, February was the most stable month, with a tight range of 6.2636 ARS (High: 208.7903 / Low: 202.5267).

December Spread (Volatile) ±505.4819
February Spread (Stable) ±6.2636

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 3.8215 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -3.8215

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 692.2170) against the same month in 2022 (average: 182.5742), the exchange rate shifted by +509.6427 (+279.14%).

2023 Avg (December) 692.2170
2022 Avg (December) 182.5742

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 203.0931 188.0890 196.4063
February 208.7903 202.5267 205.2252
March 227.4333 209.7071 217.0512
April 245.3333 226.4673 236.5090
May 256.3245 243.9026 251.0075
June 280.0084 257.5635 269.1506
July 302.7246 278.1703 293.8378
August 382.3754 303.5436 350.4873
September 377.6819 367.6770 373.6358
October 373.5030 366.4606 369.8144
November 395.6454 370.4886 382.2756
December 896.9285 391.4465 692.2170